intl business machines corp (IBM) Details

International Business Machines Corporation provides information technology (IT) products and services worldwide. The company’s Global Technology Services segment provides IT infrastructure and business process services, such as outsourcing, processing, integrated technology, cloud, and technology support. Its Global Business Services segment offers consulting and systems integration services for strategy and transformation, application innovation services, enterprise applications, and smarter analytics; and application management, maintenance, and support services. The company’s Software segment provides middleware and operating systems software, including WebSphere software to integrate and manage business processes; and information management software that enables clients to integrate, manage, and analyze data from various sources. It also offers Watson Solutions software to interact in natural language, process big data, and learn from interactions with people and computers; Tivoli software offers integrated service delivery for cloud and datacenter management, enterprise endpoint and mobile device management, asset and facilities management, and storage management; and Workforce Solutions software that enables businesses to connect people and processes. In addition, this segment provides Rational software that supports software development; and Mobile software for application development, mobile security, and mobile device management. Its Systems and Technology segment offers infrastructure technologies; and semiconductor technology, products, and packaging solutions. The company’s Global Financing segment provides lease and loan financing; commercial financing to dealers and remarketers; and remanufacturing and remarketing services. The company was formerly known as Computing-Tabulating-Recording Co. and changed its name to International Business Machines Corporation in 1924. The company was founded in 1910 and is headquartered in Armonk, New York.

intl business machines corp (IBM) Key Developments

CVS and IBM Team Up to Improve Care for Chronic Conditions

Jul 30 15

CVS and IBM are partnering to create a computer database system that brings together health records, pharmacy and medical claims information, environmental factors, and fitness devices to help healthcare providers manage patient treatment plans better. The companies announced their plan to combine patient and other health data with predictive analytics and the cognitive computing of IBM's Watson Health Cloud to improve care management services for patients with chronic conditions. The services IBM and CVS plan to build together will be made available to insurers and others involved with the employer and health plan marketplace to help predict the health of individuals by analyzing more information better, encourage patients to be more healthy and follow treatment plans, and find more cost-effective care providers. The companies expect the services they develop to especially help with chronic conditions such as hypertension, heart disease, diabetes, and obesity, which represents represent 86% of the $2.9 trillion in annual health spending in the United States.

The IBM board of directors declared a regular quarterly cash dividend of $1.30 per common share, payable September 10, 2015 to stockholders of record August 10, 2015.

BOE Inks Software Licensing and Joint Development Agreement with IBM

Jul 28 15

BOE recently announced that the company inked a software licensing and joint development agreement with IBM, looking forward to developing a health management and result-oriented analysis system based on gaining specific licensing software and related information. Under terms of the agreement, the two parties will form a joint team, to jointly develop a health management big data platform based on cognitive computing, hoping to enhance big data and artificial intelligence research and development abilities, with the aim of driving rapid development of the company's healthcare business and enhancing the company's competitiveness in the healthcare field.

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